🎯 Description
The Stacked platform aims to provide a decentralized alternative to Alphabet (GOOG)-owned YouTube and Amazon (AMZN)-owned Twitch. Founded in March 2021, the Los-Angeles based startup wants creators to keep more of their revenue while also accruing ownership of the platform through the native governance token, which is earned through various performance metrics.
Stacked creators can stream gaming content, host watch parties, chat with fans or host lifestyle content. Creators can earn fiat or crypto by accepting donations or subscriptions from viewers. Governance tokens earned can be used to secure a featured spot on the main page and to negotiate a higher cut of revenue.
Investors in the funding round included GFR Fund and Z Venture Capital. Lead investor Pantera Capital had $5.8 billion in assets under management in April when the firm announced a new $200 million fund to back mature crypto companies.
📅 Launch Time (UTC)
26th September
🛠 Network
Multi-Chain
🧩 Sector
Platform
‼️ Sale Details
- Exchange: TBA
- Token price: TBA
- Token type: TBA
🔗 Social Links
Website | Twitter
